Award and Trading Update
30 März 2007 - 12:40PM
UK Regulatory
RNS Number:0731U
Hyder Consulting PLC
30 March 2007
HYDER CONSULTING PLC ("Hyder Consulting" or the "Company")
AWARD AND TRADING UPDATE
International Firm of the Year
Hyder Consulting, the international engineering design, advisory and specialist
management consultancy, is pleased to announce that it has recently been named
as 'International Firm of the Year' in the Consultants of the Year 2007 Awards
organised by the Association of Consulting Engineers and New Civil Engineer
magazine. Chief Executive, Tim Wade, commented: "We're delighted to receive this
award in the face of strong competition. It's a great way to mark our 150th
anniversary and heritage of international projects."
Results and Trading Update
The Company expects to announce results for the year ended 31 March 2007 on
Monday 11 June. Trading during the year taken as a whole has been a little ahead
of expectations. The Group has continued to make good progress in securing new
work with major projects secured in the second half year including:
* Doha Convention Centre and Tower, Qatar - detailed design and construction
supervision
* West Gate Freeway Alliance, Australia - design of improvements to M1 freeway
* Brisbane Airport Link, Australia - patronage forecasts for A$4 billion toll
tunnel
* N7 Nenagh to Limerick, Ireland - detailed design and supervision
* Baker Street Station modernisation, UK - detailed design
The recent cash placing in October 2006 was undertaken to raise additional
finance for the Group's infill acquisition programme. We are actively
negotiating a number of potential acquisitions and the Directors hope to
complete certain of these transactions in the near future.
For further details:
Tim Wade, Chief Executive, Hyder Consulting PLC Tel: 020 7316 6000
Simon Hamilton-Eddy, Financial Director, Hyder Consulting PLC Tel: 020 7316 6000
Sandy Fraser, Bell Lawrie Tel: 0131 225 2566
Shane Dolan, Biddicks Tel: 020 7448 1000
30 March 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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